On The Web

nbsp;

Domains

Full Q&A: Former Google lawyer and deputy U.S. CTO Nicole Wong on Recode Decode

September 13 2018

• in
• Government Payments
• Podcasts

“On this episode of Recode Decode, former deputy CTO of the United States Nicole Wong talks with Recode’s Kara Swisher about the future of tech policy and why content moderation is more complicated than many people think.”

nbsp;

Use

Forget Airline Miles. Retailers Pile on Perks for Big Spenders.

September 13 2018

• in
• Loyalty
• Retail

“Retailers have spent the past few months retooling their plans to fend off competition from online retailers such as Amazon.com Inc., whose Prime membership is one of the more effective loyalty programs, as well as travel and entertainment venues, which are taking a bigger slice of consumer spending.”

nbsp;

Global

China Can’t Afford a Cashless Society

September 12 2018

• in
• China
• Financial Inclusion

“The growing “cashlessness” of Chinese cities threatens to expose underlying issues of economic instability. Mobile payments are carving out lines between young and old, and between the prosperous urban middle class and those left behind by the boom times.”

nbsp;

Use

Lack of bank access slows digital payment growth

September 14 2018

• in
• Financial Inclusion

“According to the World Bank’s 2017 Global Findex Database, 69 per cent of adults in the world have bank accounts, leaving around 1.7-1.8 billion people with no bank accounts. The figure was up from 62 per cent in 2014 and 51 per cent in 2011, driven by the rise of digital payment, which has emerged in […]

nbsp;

Tech

Fanatics Revamps Cloud Platform, Addressing the Online Unpredictability of Sports Fandom

September 18 2018

• in
• Ecommerce

“For the last several years, Fanatics has been developing a home-grown cloud platform designed to handle the sometimes predictable, sometimes surprising online traffic spikes associated with fans seeking out their favorite team’s merchandise.”

nbsp;

Use

Change Healthcare puts blockhain claims processing tech on Amazon Web Services

September 19 2018

• in
• Accounts Payable

“Payers and providers can track, in real time, the status of claims submissions and remittances. They will benefit from having an immutable, auditable and accessible record, as well as reduced administrative costs and near real-time claim adjudication, Change said.”

nbsp;

Use

Bay Area Transit Board To Consider a Big Fare Contract, but Open-Loop Payments Aren’t Included

September 21 2018

• in
• Ticketing
• Transit payments

“The San Francisco Bay Area’s Metropolitan Transportation Commission next week will consider a $461 million contract with Cubic Transportation Systems to modernize the Clipper fare-payment system used by 22 separate transit agencies in the region. The upgrade will retain the closed-loop Clipper card that uses near-field communication for contactless fare payments. But it will include a […]

nbsp;

Use

Credit Card Interchange Settlement Once Again Divides Merchants

September 19 2018

• in
• Interchange

“Déjà vu, anyone? Similar to its now-moot predecessor agreement from 2012, the proposed $6.24 billion monetary-damages settlement in a big credit card interchange antitrust case announced Tuesday by Visa Inc. and Mastercard Inc. is drawing diverging reviews from merchants. Based on anecdotal comments and the history of the earlier settlement, small, independent businesses, which in 2005 filed the […]

On The Wires

nbsp;

Use

Safe Harbor and CanPay Team Up Again to Bring Much-Needed Compliant Banking and Payment Solutions to Florida’s Growing Medical Marijuana Market

September 18 2018

• in
• Cannabis payments

“CanPay, the largest legitimate debit payment solution for the cannabis industry, and Safe Harbor Private Banking,  the leading compliant banking program for cannabis businesses, have partnered once again, this time providing banking services and cashless payments to Florida’s medical marijuana market, which now boasts more than 50 dispensaries and nearly 130,000 patients statewide. “

nbsp;

Use

UPDATING VIDEO Mastercard Introduces Mastercard Track™ to Make the Business of Doing Business Easier

September 14 2018

• in
• B2B Payments

“Developed with Microsoft, Mastercard Track offers you a unified way to track B2B payments and bolster third-party compliance—across the procure-to-pay process.”